Announced
Synopsis
Relativity Acquisition, a special purpose acquisition company, agreed to acquire Mazaii, a distributor of online casino games and betting solutions, for $500m. "The iGaming industry is experiencing rapid growth, with increasing acceptance and legalization in various regions. Growing consumer demand, driven by the increasing penetration of smartphones and internet access, further fuels this expansion. The Mazaii international platform provides a significant opportunity for scalability and revenue growth. This transaction will enhance Mazaii's competitive advantage and market positioning," Tarek Tabsh, Relativity Acquisition CEO and Chairman.
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